Infinera Q3 EPS $(0.17), Inline, Sales $325.34M Miss $330.48M Estimate

Infinera (NASDAQ:INFN) reported quarterly losses of $(0.17) per share which met the analyst consensus estimate. This is a 325 percent decrease over losses of $(0.04) per share from the same period last year. The company

Benzinga · 11/12/2019 12:05

Infinera (NASDAQ:INFN) reported quarterly losses of $(0.17) per share which met the analyst consensus estimate. This is a 325 percent decrease over losses of $(0.04) per share from the same period last year. The company reported quarterly sales of $325.34 million which missed the analyst consensus estimate of $330.48 million by 1.56 percent. This is a 62.33 percent increase over sales of $200.413 million the same period last year.